Plan Snapshot
- Plan Sponsor: Miller Welding & Machine Company
- Sponsor EIN: 251114804
- Sponsor Address: PO BOX G 111 2ND STREET, BROOKVILLE, PA, 15825
- Plan Type: 401(k)
- Total Participants: 347
- Total Assets: $27.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 347 | $27.3M | $604,425 | $1.1M |
| 2023 | 345 | $26.1M | $666,344 | $995,815 |
| 2022 | 319 | $22.3M | $607,493 | $915,503 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SMITH, LEWIS CHESS & COMPANY LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $114,529 | — | $114,529 | — | — |
| 2023 | $97,526 | — | $97,526 | — | — |
| 2022 | $109,907 | — | $109,907 | — | — |